The Convergence of Stores, Marketplaces and Dark Stores: How can Technologies Help Raise the Competitiveness of the Food Delivery Market?
The Russian FoodTech market is undergoing rapid development, becoming an attractive sector for investors, including for those from the IT industry. During lockdown, traditional methods of grocery shopping became obsolete, and new ones were needed, which gave impetus to the development of food delivery services. In particular, delivery from dark stores is rapidly increasing – warehouses where orders are gathered in minutes – as well as restaurants without seating areas offering take-away food. Process automization, security and contactless technologies are taking centre stage. Companies are coming up with new ways for customers to order, including through smart TVs, smart watches, social media and partner apps. New methods of delivery involving robots and drones are also being developed, while taxi aggregators and bike sharing firms are getting involved in delivery services. Will the growth in the FoodTech industry continue once the restrictions caused by the pandemic have eased? Do Russian companies have the potential to expand internationally?
Dmitriy Kamensky, Partner, Baring Vostok
Yuri Alasheev, Member of the Board of Directors, VkusVill
Dmitry Zhulin, Founder, Sberarket
Daniil Fedorov, Chief Operating Officer, Ozon
Daniil Shuleyko, Head of E-сom and Ridetech, Yandex